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All Forum Posts by: Jody J.

Jody J. has started 2 posts and replied 6 times.

Post: Pulling out equity to fund a long distance investment

Jody J.Posted
  • New to Real Estate
  • Harrisonburg, VA
  • Posts 6
  • Votes 0

@Andre Lewis Hi! How long have you been using R2R?

Post: Virtual assistant needs internet phone number

Jody J.Posted
  • New to Real Estate
  • Harrisonburg, VA
  • Posts 6
  • Votes 0

@Brent Kiger

Google “Best phone plan for digital nomads 2020.” There are tons of specialized blogs and forums on the topic. And as Josh C. pointed out, definitely look around for reliable VPN providers with tons of U.S. connection locations (they’re less likely to have their IP addresses blocked).

Post: Do Durham developments allow add-on units or conversions?

Jody J.Posted
  • New to Real Estate
  • Harrisonburg, VA
  • Posts 6
  • Votes 0

Hi,

I’m likely moving to the Durham area and see from the boards here that it’s a competitive market for investors. Some of the new developments have home designs that look easy to convert to duplexes. Do any of the HOAs allow this? How about Durham zoning?

I’m a newbie at investment, so I’m thinking of living in a smaller unit and renting out the rest.

Post: Market Research Resources that are used.

Jody J.Posted
  • New to Real Estate
  • Harrisonburg, VA
  • Posts 6
  • Votes 0

@Victor Steffen I like your insights. Have you found a way to track which cities passing denser zoning legislation?

Post: 90 Day Challenge- Charlottesville, VA

Jody J.Posted
  • New to Real Estate
  • Harrisonburg, VA
  • Posts 6
  • Votes 0

@Dennis Parslow, how's the tear-out coming along?

Post: Inflation not in the BP calculator?

Jody J.Posted
  • New to Real Estate
  • Harrisonburg, VA
  • Posts 6
  • Votes 0

I'm researching buying my first rental property as a retirement investment. Since I plan to hold it for 2-3 decades, I need to take inflation into account. However, the BP Rental Property Calculator doesn't seem to do that. (Unless I missed something, which I well might have!) As a result, I'm concerned that my calculated returns are seriously inflated. That makes it hard to fit it into a good retirement portfolio analysis.  Does anyone have a workaround? I've been lowering some of the year-on-year increase projections (both income and expense) but I think that could skew results.